Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Motorola Mobility Holdings Inc (NYSE:MMI), China Mobile Ltd. (ADR) (NYSE:CHL)
Samsung Galaxy Gear smartwatch unveiled ahead of rival Apple (GulfNews)
Samsung Electronics Co Ltd unveiled a smartwatch on Wednesday that works as an accessory to its market-leading Galaxy smartphones, with a small screen offering basic functions like photos, hands-free calls and instant messaging. The world’s top handset maker hopes the Galaxy Gear will boost the appeal of its range of Android-powered smartphones, as it battles to maintain its supremacy in the rapidly saturating high-end mobile market against arch rival Apple Inc. (NASDAQ:AAPL).
Motorola Mobility to pay $14.5m in damages to Microsoft (NewStatesman)
A federal jury in Seattle has ordered Google Inc (NASDAQ:GOOG)’s Motorola Mobility Holdings Inc (NYSE:MMI) to pay $14.5m in damages to Microsoft Corporation (NASDAQ:MSFT) for demanding royalties over and above reasonable terms for standard essential patents. Microsoft claimed $29m in damages from Motorola Mobility for demanding royalties of up to $4bn a year for patented technology used in the Xbox consoles and Windows. It contended that a royalty of 2.25 per cent of the price of the products was much higher than standard licenses.
Google Sued in Europe-Privacy Test Case (WSJ)
A sadomasochistic sex party is the latest battlefield in the Web’s privacy war. Google Inc (NASDAQ:GOOG) was hauled into a French court Wednesday by former Formula One racing head Max Mosley, who wants the Internet giant to scrub its search results of grainy images of a sexual escapade. The images were found to be a privacy breach by a U.K. court, only to pop up elsewhere online. The case is the latest in a series brought by Mr. Mosley and others that test the limits of what individuals can do to control information that appears about them on the Internet.
New iPhones, China speculation lift Apple (BostonGlobe)
Apple Inc. (NASDAQ:AAPL) advanced 2.08 percent. The world’s biggest technology company is expected to unveil new iPhone models Sept. 10. The next day, it hosts an event in Beijing. That is spurring speculation Apple may have a deal with China Mobile Ltd. (ADR) (NYSE:CHL), Reuters reported. Apple Inc. (NASDAQ:AAPL) may sell more than 5 million iPhones to China Mobile in the December quarter, with the potential subscriber base at the Chinese wireless carrier reaching 38.7 million next year, said Brian Marshall, at International Strategy & Investment Group, Bloomberg News said.
Google Street View goes inside Fukushima evacuation zones (Asahi)
Former residents, via Google Inc (NASDAQ:GOOG)’s Street View, can now virtually visit areas in Fukushima Prefecture that were devastated by the nuclear disaster. Google Japan Inc. released the images, which give viewers a 360-degree perspective, on Sept. 4. The areas include eight municipalities in the Hamadori district of eastern Fukushima, most of which lie within zones that were evacuatd due to the reactor meltdowns at the Fukushima No. 1 nuclear power plant, operated by Tokyo Electric Power Co.
Watching for Apple TV (CNBC)
Microsoft says most Xbox One pre-order supply sold out (IBNLive)
Retail stores in many markets have run out of Microsoft Corporation (NASDAQ:MSFT)’s Xbox One consoles available for pre-orders, a senior company executive said, ahead of a major clash with Sony Corp’s new lower-priced Playstation 4 this November. Microsoft Corporation (NASDAQ:MSFT)’s first new gaming console in eight years will go on sale November 22 in 13 countries, Yusuf Mehdi, vice president of marketing, strategy and business for the Xbox, said in an interview.
iPhone to cover over one-third of Australia’s mobile market: survey (Xinhuanet)
The world’s top consumer electronics company Apple Inc. (NASDAQ:AAPL)’s products will dominate Australia’ s mobile phone market by providing iPhones to approximately 1.6 million Australians in the next 12 months, a media release from Melbourne-based Roy Morgan Research reported on Thursday. According to the survey conducted by Roy Morgan researchers, of more than 1,900 respondents who intend to upgrade their phones, around 39 percent of them intend to buy a new iPhone. And approximately two-thirds of the respondents who already have one iPhone say they will buy a new one.
Google turns 15! Major metrics, then and now (BizJournals)
Google Inc (NASDAQ:GOOG), the giant tech behemoth that towers over Mountain View, just turned 15. The company incorporated on Sept. 4, 1998. Here’s a look at the company – founded by Sergey Brin and Larry Page, two kids from Stanford – then and now…